Select Media Mentions
Business Insider: Trump’s Mass Deportation Plan Could Drain More Than $20 Billion a Year from Social Security
January 22, 2025
President Donald Trump’s mass deportation plans could have a significant economic side effect: draining the Social Security fund. As more Americans reach retirement age — many without adequate savings — Social Security can be a financial anchor. The checks average $1,976 monthly, and thousands of older adults told Business Insider they rely on the money to pay for essentials. However, the checks often […]
Audio: ITEP’s Eli Byerly-Duke Discusses California’s Tax System with Stew Jenkins
January 22, 2025
ITEP State Policy Analyst Eli Byerly Duke appeared on the SLO County Public Policy & The Law program on K-News 98.5 to discuss California’s tax system. Listen here.
Money: Congress Is Gearing Up for a Fight Over Trump’s Tax Cuts
January 20, 2025
Once the fanfare of Donald Trump’s inauguration fades, Congress has to get to work on taxes — and it won’t be pretty. At issue is the Tax Cuts and Jobs Act of 2017, which was a hallmark of Trump’s first term. Abbreviated TCJA, the law made sweeping changes to the U.S. tax code that slashed the […]
Audio: ITEP’s Marco Guzman Talks to NC Newsline About the Costs of Mass Deportation
January 20, 2025
Among the actions that the new Trump administration is expected to make a top priority in the coming days is an aggressive new mass deportation initiative targeting the nation’s millions of undocumented immigrants. It’s a plan that may sound superficially appealing to many Americans, but as we learned in a recent conversation NC Newsline had […]
CNBC: These Five Republicans Are Ready to Derail Trump’s Tax Cuts Over the SALT Cap
January 17, 2025
An influential group of five House Republicans from high-tax states is threatening to hold up a major tax package that is a top priority for President-elect Donald Trump unless they get a significant boost to the amount that their constituents can deduct from federal income taxes to reflect state and local taxes already paid. Read more.
Associated Press: Maryland Gov. Moore Includes Income Tax Increases for Wealthy Residents to Help Address $3B Deficit
January 16, 2025
Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than $500,000, as well as about $2 billion in spending reductions throughout state government to address a $3 billion deficit. Read more.
MSNBC: Trump Inverts Reality with His Claims about Migrants Hurting Social Security
January 15, 2025
A key plank of President-elect Donald Trump’s campaign tirades against undocumented immigrants was that they drain vital social services that are facing insolvency threats. “Unlike the Democrats, who are KILLING SOCIAL SECURITY AND MEDICARE by allowing the INVASION OF THE MIGRANTS, I will NOT, under any circumstance, allow either of these two precious GEMS to be even touched under a Trump Administration,” he posted on Truth Social in one characteristic broadside last year.
New Mexico In Depth: Poverty Fell More Than a Third in New Mexico Due to Tax Changes, But There’s More to Do
January 14, 2025
Federal data released last fall show that, after accounting for government benefits, over the last decade the share of New Mexicans experiencing poverty declined more than in almost any other state. That coincides with a period in which state lawmakers significantly altered tax rates to reduce the burden on low-income residents. They enacted and expanded […]
New York Times: How Unauthorized Immigrants Help Finance Social Security Benefits
January 13, 2025
The Social Security Administration receives billions in free money each year from an unexpected source: undocumented immigrants.
CBS News: These 9 States Are Cutting Income Taxes on Jan. 1
January 2, 2025
Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates. Read more.
Crain’s Chicago Business: Cook County’s Property System is Complex and Burdensome. Here’s How It Can Be Fixed.
December 17, 2024
Discontent about property tax increases persists not only among Chicagoans, but also among Cook County residents and property owners nationwide. Relief is what everyone wants, as seen by the rate at which municipalities put property tax-related referendums and legislation on the ballots in 2024, says Rita Jefferson, a policy analyst for the Institute of Taxation & Economic Policy, or ITEP.
MSNBC: With the Election Over, Republicans Are Suddenly Interested in Cutting Social Security
December 5, 2024
It’s hard to find many things that 80% of Americans agree on, but they exist. In various polls taken earlier this year, 4 out of 5 Americans said Joe Biden was too old to run for a second term, the government is doing a bad job dealing with migrants at the Mexican border and the cost of prescription drugs is unreasonable. […]
Foreign Policy: What Trump’s Mass Deportations Would Mean for the U.S. Economy.
November 26, 2024
U.S. President-elect Donald Trump has vowed to conduct “the largest deportation effort in American history,” no matter the price tag—but the economic costs of such a campaign may be bigger than he has bargained for.
The Associated Press: Louisiana Lawmakers Pass Income and Corporate Tax Cuts, Raising Statewide Sales Tax to Pay For It
November 23, 2024
Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide sales tax increase. Read more.
Capital & Main: Why Mass Deportations Would Cripple California’s Economy
November 22, 2024
Trump has, after all, already made full-throated declarations that his administration will conduct the largest deportation of undocumented residents in U.S. history. That should resonate in a place like California, with its estimated 1.8 million undocumented immigrants — and it certainly would shake up a state agriculture industry in which nearly half of all workers are undocumented.
Public News Service: Colorado Working Families Would Pay More Under Trump Tax Proposals
November 21, 2024
President-elect Donald Trump and Republicans in Congress have promised to pass a new tax bill, and a new report breaks down the expected winners and losers. Joe Hughes, senior policy analyst with the nonpartisan Institute on Taxation and Economic Policy, says based on Trump's campaign proposals, the top one percent - those making more than $900,000 a year - will see their tax bill go down by more than $36,000, on average.
USA Today: Trump Deportation Plan Could Target as Many as 1.1 Million People in Florida
November 20, 2024
With President-elect Donald Trump poised to declare a national emergency to clear the way for the mass deportation of undocumented migrants, Florida may face wholesale disruption in the coming year. Immigration experts say about 5% of Florida’s population – 1.1 million residents – are living here without legal permission. How far Trump goes will be critical in gauging deportation’s impact on communities, families, workplaces and the Florida economy.
Rolling Stone: Team Trump Wants the Poor to Suffer to Fund His Tax Cuts for The Rich
November 20, 2024
The proposals under discussion would likely increase inequality and hardship in America at a time when nearly 4 in 10 households are struggling to pay their bills. In this case, the cuts to America’s meager safety net would be used to finance an unusually direct transfer of wealth upward. A review of Trump’s 2024 campaign tax promises by the Institute on Taxation and Economic Policy found his proposals, taken together, “would, on average, lead to a tax cut for the richest 5 percent of Americans and a tax increase for all other income groups.”
Salon: “No Mistake on Who They’re Serving”: Republicans Eye Medicaid, SNAP Cuts to Pay for Trump Tax Plan.
November 19, 2024
President-elect Donald Trump and his advisers are eyeing major cuts to federal safety net programs like Medicaid and food stamps to balance the cost of their massive tax agenda, The Washington Post reported Monday.
Associated Press: Sweeping Tax Overhaul in Louisiana Hits Snag in Sales Tax Expansion
November 15, 2024
Louisiana lawmakers on Thursday postponed a vote on a key bill in Gov. Jeff Landry’s sweeping and complex tax reform package.
Mansion Global: Trump Said He’s Bringing SALT Back. Tax Experts Say It’s Not so Easy.
November 14, 2024
“Most of the changes in the 2017 tax law were things that benefit the rich,” said Steve Wamhoff with the Institute on Tax and Economic Policy. “The cap on SALT deductions was one of the few things that limited tax breaks for the rich. That’s not to say that everyone affected by the SALT cap is rich, but the vast majority of impact is going to be with the richest 1%.”
New Yorker: Republican Victory and the Ambience of Information
November 14, 2024
Why didn’t the speeches register? Why did people persist in thinking that Harris was short on policy; that Trump’s programs would boost the American economy, despite a widely broadcast consensus from sixteen Nobel Prize-winning economists to the contrary; or that he would lower taxes for working people, though the Institute on Taxation and Economic Policy calculated that he would increase them? Even many of Trump’s critics think his first term marked a high point for border patrol, though more unauthorized migrants have been forced to leave under Biden. (Why was Biden’s Presidency widely dismissed as desultory, when, in fact, as my colleague Nicholas Lemann recently put it,…
The Guardian: How a Republican Trifecta Makes Way for Trump’s Rightwing Agenda
November 14, 2024
With the confirmation that Republicans have won a majority in the House of Representatives, Donald Trump and his party will now have a governing trifecta in Washington come January, giving the new president a powerful perch to enact his rightwing agenda.
Newsweek: Will the 2024 Election of Donald Trump Impact Social Security?
November 12, 2024
Social Security is a critical part of millions of Americans’ lives, providing a financial safety net for retirees, disabled individuals and survivors of deceased workers. For many retirees, Social Security benefits are a primary source of income, helping them cover essential living expenses such as housing, food and healthcare. Read more.
NPR’s Marketplace: The Trump 2.0 Economy
November 10, 2024
Donald Trump won a second term as president this week, promising an end to the “inflation nightmare” through some potentially inflationary policies. Here’s what the economy could look like under Trump 2.0. Read more.
Members of the media rely on ITEP for analysis and insight about how tax policies affect people. If you’re a reporter looking to talk to one of our experts, contact Jon Whiten at [email protected].
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